HOT READ
Building Materials Market News & Updates

Thursday, April 7th
Welcome to the Hamilton Hot Read, your regular source for lumber and building materials market news and updates. In this newsletter, you will find quick and informative takes on the building materials market and how Hamilton Building Supply is responding to assist with your ongoing projects. We hope you find this information useful and we encourage you to give us feedback as we develop this newsletter!

-Hamilton Team
Supply Chain Panel
Last week we had an opportunity to speak on behalf of the lumber and building materials industry at a panel discussion and conference in Washington, D.C. The supply chain challenges that have persisted over the past 18 months have been difficult to contend with, but we're thankful to have resilient customers like YOU who are great business operators and company associates who articulate clear and updated information on the current issues we're facing.

As part of the discussion, we were featured in the Real Estate section of Forbes! A lot of dealers just like Hamilton Building Supply are working through similar supply chain issues and they affect more than building materials. We want to continue to improve our operations to support our customers and that requires new capital equipment which is hard to get. We have two big shiny new trucks coming that will have taken about a year to deliver!

We know our professional customers have many choices when it comes to building material suppliers and we want to always be recognized as the supplier that is looking out for our customers' blind spots the most. Even more so, we're working to keep our professional customers profitable and successful.

We thank you for your patronage,
John Perna
Windows & Doors
Manufacturers of windows and doors have been taking body blows in the lead time and price increase boxing ring for months and now they're getting hit with head shots from cost increases on aluminum, vinyl and fuel. As a result, companies like Marvin and Andersen have announced new price increases and lead time extensions to keep themselves in the fight.

While Andersen's price increase from last month is old news, it turns out it was just a precursor to Marvin's latest 7% price increase that went into effect on April 1st, not kidding. Extended lead times have been compounding the situation with Marvin now out to 18-22 weeks on most products. Andersen's no better with more inconsistent lead times and some extended out as far as 52 weeks. Other manufacturers are feeling the same pressure.

Our sales associates will review the specification and scope of your project to give you an approximate lead time to receive your window and door package. We will also help you consider an alternative window and door solution based on your project needs. We don't want you to run a project against long backorders and unexpectedly long lead times.
Engineered Wood Products
If you need to secure EWP joists, be prepared to face some delays between framing your first and second floor joist systems. We're seeing instances of second floor packages getting delivered 3-4 weeks after the first floor.

Open Web Floor Trusses are your best solution for an alternative floor joist. Work with your Architect and Structural Engineer to design them into your next project. Right now, floor trusses are everything that EWP joists are not. There are no allocation issues, they're shipping with consistent lead times and you can run your mechanicals through the truss.

The EWP floor joist supply chain has been incredibly difficult to work through and what we're hearing is that the supply situation involving OSB isn't getting better anytime soon. Protect yourself and your projects and talk to us about alternative solutions.
New Website & Instagram
If you haven't had a chance to check out our NEW WEBSITE, be sure to do so. We added a lot of features which include:


Also, if you're on "Da Gram" (that's Instagram...nevermind), be sure to follow us @hamiltonbuildingsupply. We're adding content on a regular basis and will keep our pro customers apprised of the goings on at Hamilton Building Supply, that you may not always catch in this Hot Read.
Prefinished vs. Field Finished Siding
When it comes to certain building materials, getting them prefinished from the factory right before installation makes a lot of sense - like a front entry door or architectural shutters.

But what about siding? There are a lot prefinished siding options available these days, but is that really the best solution when there is still ongoing construction and your beautiful prefinished siding needs to be punctured with nail holes?
Composite Trim
Raw material inputs for PVC resin are continuing to rise with fuel and transportation costs and now socioeconomic turmoil overseas. In the last Hot Read we mentioned that Wolf Portrait announced a 17% price increase effective on April 1. Not to be outdone, Wolf PVC trim has announced a 12% price increase that will take effect May 1.

With PVC on the rise we can't help but suggest TruExterior as your best option for composite trim. Never really heard of TruExterior? Been hibernating during the pandemic? That's OK, we have all the details for you right here.
Like what you read? Want to read it again? You can read all of our past Hot Reads on our website at the Hot Read Archive
Our Vision
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"To be an equitable partner with our customers by providing unique and value-added building material solutions, supported by a dedicated team that always seeks positive experiences."

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Hamilton Building Supply | www.hbsnj.com